The higher the capitalization number the more secure a bank is considered. Forget the big banks and go with a credit union. Very helpful setting up business account. Professional, and the best service Ive had at a bank in a very long time. CapitalizationĬitizens has a Capitalization of 10.26% versus the BestCashCow average of 10.43.Ĭapitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. Top 10 Best Banks & Credit Unions Near Springfield, Massachusetts. A bank with a consistently high ROE can be considered well run.Ī bank with a consistently low ROE can be considered poorly run. Return on equity measures how efficiently a bank is making money from its capital. To cover these potential losses it had $22,856,559,000 in equity and $2,044,136,000 in loans loss reserves.Ĭitizens has a Return on Equity of 8.82% versus the BestCashCow average of 13.18%. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bankĬitizens had $1,715,737,000 in non-current loans and $8,448,000 in owned real estate.
With its tangible common equity and its loan loss reserves.Ī lower Texas ratio indicates better coverage of problem loans. James Avenue, Springfield, MA 01104 - Hours of Operation, Phone Number, Address, Directions and Reviews. The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) No depositor has ever lost deposits that have been within the FDIC insurance limits. The following ratios and data are available to help you better understand the financial condition of Citizens.
